OFFICIAL TRUMP Price Drops 17% After Overbought Exhaustion

The OFFICIAL TRUMP price is currently trading near $12.86, experiencing a struggle to recover after a sharp two-day decline from highs near $15.70. This drop was triggered by overbought exhaustion and a breakdown from local rising channels, leading to cautious short-term sentiment. While the broader trend remains bullish, the recent correction has tested key moving averages, raising questions about whether the pullback is over or if more volatility lies ahead.

On the 4-hour chart, the price action shows a clear rejection from the upper Bollinger Band at $15.90 on May 22, followed by a swift descent below the 20-EMA ($13.69), 50-EMA ($13.57), and even the 100-EMA ($13.23). This steep fall broke below the mid-Bollinger band and entered lower band territory, where the price briefly tagged the 200-EMA at $12.62 before bouncing. The lower Bollinger Band now serves as temporary support near $12.41, while the 100-EMA and 20-EMA near $13.20–$13.70 form the first zone of resistance for any bounce attempt. However, with volatility expanding and candles forming long upper wicks, recovery rallies may face immediate supply pressure.

The question of why the OFFICIAL TRUMP price is going down today after its steep rally earlier this week can be attributed to a combination of technical overextension and breakdown signals. On the 30-minute chart, both RSI and MACD underscore weakening bullish momentum. RSI sits at 44.18 and failed to breach 50 during the bounce, while MACD is still below the signal line despite showing a minor positive histogram. This suggests that while bears are slowing down, buyers have yet to reclaim short-term control. Adding to the caution, Stoch RSI on lower timeframes is again approaching overbought levels (82.91), hinting that the relief bounce may be short-lived unless bulls push decisively above $13.20.

From a structural standpoint, OFFICIAL TRUMP is trading below a descending trendline extending from the May 22 high, with visible resistance around $13.73 on the 30-minute chart. A sustained breakout above this zone is needed to flip short-term bias back to bullish. Otherwise, the prevailing trendline keeps pressure tilted downward. The Ichimoku Cloud analysis on the 30-minute timeframe shows price hovering just at the lower edge of the Kijun-Sen and Tenkan-Sen, but still underneath the cloud. This implies trend weakness. The cloud ahead remains bearish with no bullish twist yet, indicating more time is needed before the pair reclaims higher ground.

The OFFICIAL TRUMP price update suggests the token is at a critical juncture, caught between strong resistance and modest support. On the 4-hour chart, the bounce from $12.41 (lower Bollinger Band) will need to flip $13.23 (100-EMA) and $13.57 (50-EMA) to confirm a recovery leg. Until then, risks remain skewed to the downside. The immediate downside support now lies between $12.60–$12.40, followed by the liquidity pocket near $11.87 as seen on the higher-timeframe demand zone. If this cluster breaks, the next major support lies near $10.80 and $9.40 based on recent accumulation structures from early May. On the flip side, if bulls reclaim $13.70, momentum could retarget $14.70 and eventually $15.90. However, such upside moves require confirmation via RSI strength above 50 and bullish crossover in MACD—neither of which is present yet.

In the short term, OFFICIAL TRUMP price volatility remains elevated, with Bollinger Bands widening and no clear consolidation range forming yet. A cautious rebound scenario remains valid as long as the price holds above $12.40. But unless buyers step in with conviction to retake the $13.70–$14.00 range, risks of another drop remain alive. Overall, OFFICIAL TRUMP price spikes have now transitioned into a cooling-off phase. The current pullback reflects a technical reset rather than a structural reversal—at least for now. Price must stabilize above the 100-EMA and breach the downtrend line to keep bullish hopes alive heading into May 26.